
No-Fee Bank Account
Our No-Fee Bank Account is the best chequing account for seniors. You can enjoy:

Savings Account
With our savings account, you can earn interest on your money plus enjoy:

Our No-Fee Bank Account is the best chequing account for seniors. You can enjoy:
- No minimum balance requirements
- Free Interac e-Transfers
- Unlimited transactions
- Free nationwide ATM network*

Savings Account
With our savings account, you can earn interest on your money plus enjoy:
- No monthly fees
- No minimum balance requirements
- 6 free monthly debit transactions
- Member Rewards for banking with us

Earn the most on your money. We update our rates regularly and aim to offer some of the best rates in Canada.
See our current rates.
See our current rates.
Planning can help you:
- Manage your money and property today
- Help you and your loved ones manage your affairs in the future
We offer many solutions for the planning and transfer of property to your loved ones.
When working with Innovation Credit Union and Concentra Trust you can expect:
Information for Executors
When working with Innovation Credit Union and Concentra Trust you can expect:
- help when family members are not local, willing or able to act
- impartial and professional administration
- peace of mind of the legacy you're leaving behind
Contact us for more information on Estate Services.
Estate Planning Information- Guide to Planning your Estate
- Estate and Trust Services
- Corporate Executor
- Joint Accounts
- Selecting Your Executor
- Trusts and Trustees
Information for Executors
In retirement, it's important to find safe investments to protect your income stream.
Contact our Wealth Management Team to ensure your financial plan is working for you.
Contact our Wealth Management Team to ensure your financial plan is working for you.
- Fraud Prevention - learn about safety tips and services that protect you from fraud
- Safe deposit boxes - protect your valuables from theft, loss or fire
- Telephone banking - access your account 24/7 through a touchtone phone
- Call Centre - call us toll-free at 1.866.446.7001 for any banking need you have
- Government of Canada Resources for Seniors
- Canadian Anti-Fraud Centre
- Prevent elder abuse

I need a Power of Attorney (POA). Where do I start?
- There are different POA types so you'll have to ask yourself some initial questions like when you'd like it to take effect. This brochure will help to explain your options.
- Determine who you want to be your POA. Choose someone trustworthy who can handle the responsibility.
Another option is naming a corporate attorney, like our partner Concentra Trust.
I’ve just lost my spouse. How do I manage his/her estate?
We're incredibly sorry for your loss. We're here to help in any way we can.For example, if you feel like you cannot administer the estate on your own we have partners like Concentra Trust who can help.
If you're worried about managing your financial affairs, our advisors will work with you to develop a financial plan.
Give us a call at 1.866.446.7001.
I’ve just lost my spouse. How do I manage day-to-day banking?
Again, we're incredibly sorry for your loss. We're here to help.Please reach out to your Innovation advisor or call us at 1.866.446.7001 if you don't have one. We can help you with your banking in a number of ways:
- We can automate things for you, like saving money or paying bills.
- We can teach you how to use telephone banking or online banking if you're comfortable.
- We can sit down with you and introduce you to our Wealth team to discuss things further.
I retired a few years ago. How do I maintain my financial plan and investment strategies?
Meet with your advisor at least once a year to review and update your financial plan.If you have never met with one of our advisors before, give us a call at 1.866.446.7001.
Our financial plans are free and there's no obligation to invest.
How do I protect myself from fraud?
- See this interactive guide on how to spot online scams - https://www.protectseniorsonline.ca/
- Access the Saskatchewan Fraud Prevention & Safety Handbook - https://www.sasksafety.org/uploads/1/2/6/0/126017459/2019_fp_s_handbook_for_website.pdf
What is the best way to gift money to my children and grandchildren?
- Consider first gifting them with some financial knowledge by booking a joint appointment with one of our advisors.
- If you'd like to gift money upon passing, we can help you while also reducing administration and probate costs to your estate.
I need a will. Where do I start?
Although you can legally prepare your own will, or create one using a do-it-yourself option, if you want to ensure your will is properly written, executed, and provides your executor with the clearest direction, you should involve a legal professional.Ask yourself:
- Who will you choose to be your executor? This is the person who will administer your estate.
- Who will be your beneficiaries?
- Are any of the beneficiary’s minors and if so who will be their guardian?
- How will the estate be distributed?
- Will a trust be required and if so who will be named as the trustee?
I need to plan my estate. Where do I start?
A thorough estate plan involves working with a team of professionals:- a lawyer,
- an accountant, and
- a trusted Innovation advisor.
There are three questions to consider:
- Who is important to you?
- What do you own?
- How do you own it?
How do I set up a Trust Fund?
A trust is a way to hold and protect your assets. It can:- be a gift to a minor,
- provide care and security for a spouse or disabled child,
- support charities,
- supplement your retirement benefits, or
- hold assets like cabins, cottages and private businesses
- Decide when you'd like the trust to start
- Choose how you'll disperse your assets
- Meet with a trusted Innovation advisor to make sure your trust gives you what you're looking for
- Meet with a lawyer for advice and to create your trust agreements.